Gambling

Thursday

Simon Baker

The gambler’s daily grind

Lord Doyle is a shrivelled English gambler frittering away his money and destroying his liver in the casinos of Macau. Aptly, since he is in a place filled with mock-Venetian canals and poor reproduction paintings, he himself is a fake: the man is not a real lord, and the money is not his own. He is a disgraced solicitor of modest origin, who ran off with a client’s savings after befriending her. Lawrence Osborne’s novel is a bleak and enjoyable account of someone who, perhaps through unacknowledged guilt, finds bitter solace in losing and in driving himself towards extinction. Narrated in an urbane, knowing, faintly old-fashioned tone, the story moves

Friday

Camilla Swift

Cheltenham Gold Cup predictions: Peter Oborne, Robin Oakley, and more

The jewel in the crown of the Cheltenham Festival – the Gold Cup – starts this afternoon at 3.20. And, unsurprisingly, today is also one of the biggest betting days of the year, with both bookies and punters hoping to recoup their losses – or improve on their winnings. We asked some of our experts who they will be putting their money on. Peter Oborne, The Spectator’s associate editor: Willie Mullins and Ruby Walsh is the combination to follow at this festival, on which basis I will be backing On His Own at decent odds of around 20-1. Robin Oakley, writer of The Turf column: I am going for Triolo

Thursday

Charles Saumarez-Smith

Where the Whigs went

A book about one of the London clubs, published to mark its 250th anniversary, might be regarded as of extremely limited public appeal, designed only for the enjoyment of its members, 800 of whom have subscribed more than 900 copies (one blenches to think why members might want more than one copy). But Brooks’s, halfway up St James’s Street, has always felt that its history deserves wider public interest, partly because of its association with the life and gambling of Charles James Fox and partly because it has been so central to the formation of the 19th-century Whig party. (This book includes the rather amazing statistic that, during the Melbourne

Friday

Alex Massie

The so-called “crack cocaine of gambling” is a myth. Trust Ed Miliband to believe in it.

The puritan, as devotees of Baltimore’s finest know, is greatly exercised by the fear that someone, somewhere, might be enjoying themselves. Ed Miliband is a puritan. And a hopeless, nagging, fish-faced puritan at that. A ninny, in other words. The Labour leader has a rare gift. He knows, you see, how you should spend your money. What’s more, if you fail to spend your cash in the proper Miliband-approved manner he thinks he should be – nay is! – entitled to coerce you into changing your miserable behaviour. Of course he is not alone in that. Many politicians are far too free and easy in these matters. But there is

Thursday

The Spectator

Portrait of the week | 27 June 2013

Home George Osborne, the Chancellor of the Exchequer, outlined cuts of £11.5 billion from departmental spending for the tax-year beginning in 2015. David Gauke, a Treasury minister, gave a ‘firm commitment’ in a letter to backbenchers to introduce a transferable tax allowance of £750 between spouses and civil partners paying tax at the basic rate. This would benefit them by £150 a year at most, and not before the next election. Sir Mervyn King, retiring after ten years as governor of the Bank of England, was to be created a life peer. Mark Harper, the minister for immigration, broke his foot by falling off a table while dancing with his wife

Thursday

Freddy Gray

Investment special: Confessions of a stock picker

My name’s Freddy and I’m an online gambling addict. The problem started a few years ago when I opened an account on Betfair.com. At first it was small bets on football games, maybe the odd greyhound. A fiver here, a tenner there. Click, click, click. It was fun. Pretty soon, however, the hobby had developed into a minor obsession. I moved on to the harder stuff: cricket, tennis, even X Factor results. I had some wins but more losses: £20; £30; oops, there goes a hundred. Click, click, click. Then I downloaded the Betfair app onto my phone. Tap, tap, tap. I realised things had gone too far when I

Tuesday

David Blackburn

Cricket’s the loser

Cricket glorifies some cheats. W.G. Grace often batted on after being clean bowled; such was the public demand to watch him. Douglas Jardine’s bodyline tactics revolutionised fast bowling: eventually making it acceptable to target the batsman rather than the wicket. Fielders “work” the ball. Batsmen stand their ground when convention asks them to walk. Cheating is part of cricket. But match fixing? The culprits live forever in infamy, and deservedly so. The cricketing authorities (the ICC) believed that match fixing had died ten years ago; but the News of the World’s sting on the Pakistan team in 2010 demolished those hopes. The sting suggested that the problem was deep. Rumours

Sunday

Alex Massie

Prohibition Doesn’t Work: Cricket & Gambling Edition

The News of the World’s revelations about connivance between cricketers and bookmakers is dismaying; the story can’t alas, be considered wholly surprising. If proved – and on the face of it there’s every reason to suppose that the allegations are accurate – then it’s difficult to see how Salman Butt and the other players implicated can escape heavy punishment (and perhaps in the skipper’s case a lifetime ban). The consolation, in as much as there is one, is that the evidence points to spot-fixing rather than match-fixing. Saying that the former is not as serious as the latter does not mean it’s unserious. It just means that matters could be

Tuesday

Alex Massie

The Lessons of Madoff

Actually, as Megan explains, the lesson of Bernie Madoff’s scam is that there really aren’t any lessons that can be drawn. As she puts it, “Everyone just screwed up”. That leaves us in the unsatisfying position of having no-one, apart from the remarkable Mr Madoff, of course, to blame. Sometimes stuff really does just happen and there aren’t any deep and meaningful lessons to learn or “underlying” or “contributory” villains to blame. As Megan says, this disconcerts, since it deprives us of the endlessly satisfying consolations of sweet vindictiveness and righteous indignation. A con-man is a con-man is a con-man. His status as such does nothing to advance the case

Tuesday

Alex Massie

Hold the Front Page: Morals Uncorrupted by Sensible, Liberal Policy

Credit where credit’s due, Labour’s attitude towards gambling has been vastly more sensible than one had any right to expect. The Economist reports: New laws which came into force in Britain at the beginning of September allow the creation of licensed internet casinos where people can gamble on games such as poker and blackjack. Until now, gamblers could try their luck at them only on servers located offshore. The change is aimed squarely at encouraging the development of an internationally competitive internet gambling industry in Britain. The government reckons that online casino operators will be willing to come under the watchful eye of its regulators (and tax collectors) in exchange